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on our faces, even today the horror of newtown remains unspeakable. and as congresswoman mccarthy said, we have been here before. over and over again calling for action after these terrible massacres. but as she also said, this time it's different. this time we had 20 little beautiful angels and their teachers taken from us. and finally, our nation seems to realize collectively that it's the time to have a deep national conversation. now is the time for comprehensive solution, one that talks about our violent culture, our mental health system, and that talks about really doing something about gun violence. when we return in january, we are all planning to work hard together on a solution, on all of us solutions, but right now we can do something this week before congress leaves. we can pass legislation that will be a first and a reasonable step to help protect our children and to help show that congress has the will to begin stopping these massacres. this week we can bring to the floor a bill that congresswoman mccarthy and i introduced some months ago, co-sponsored by so many of our f
reduce the carnage in a situation like newtown? >> i don't believe that's going to make one difference. >> it's not known whether that magazine was an authentic clip or just a prop. possessing a large capacity magazine is illegal in the district of columbia. police are investigating. nbc not commenting. >>> guess what it's boxing in the uk, canada and several other country and shoppers are mobbing the stores. these are the crowds in london. the 26th of december is like black friday here in the united states. analysts expect 4 million british shopper also spend nearly $5 billion today, back here at home, it will be a similar scene today as people head to return those unwanted gifts and jump on big post holiday sales and we do mean big. check out this deal from best buy, a 32 inch tv for under $200. those are the kinds of deals we're seeing at major retailers. alison kosik is at the new york stock exchange. tell us more. >> it's like having a flashback to black friday. the deals, everybody killing each other just to get the deals but if you're a retailer you take a big hit on a day like
latest survey and president obama spoke at an evening vigil in the community of newtown, connecticut, raising the prospect of policy changes to stem gun violence. it is monday, december 17th, 2012 and "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not
>> as we continue our business coverage, our hearts go out to those that are grieving in newtown, connecticut. adam: house speaker john boehner back on capitol hill. it is the latest round of fiscal cliff talks which, as speaker boehner opens the door for tax hikes. lori: don't count apple out. dissecting the opposing analyst calls. is the worst over for shareholders? melissa: it is time for stocks now. nicole petallides standing by. nicole: we are looking good. you mentioned boehner and obama speaking once again. many traders that i have spoken with that something, some white, would get done. we are up about one half of a percent. there is the nasdaq sitting right at the 3000 mark. i also want to take a look at two names that have been making news. that is sprint and clear wire. that is about a half of a percent for sprint which is the number three u.s. wireless carrier. now, they will have full ownership of the spectrum. that is some good news for sprint. you are seeing that clear wire is selling off the news. lori: president obama and house speaker john boehner meeting just ho
change, to end them. host: president obama at last night's interfaith prayer vigil in newtown, connecticut, speaking to the community hit by friday's elementary school shootings. it's monday, december 17, 2012. the president offered words of solidarity and state and pledged to use the power of the presidency and to prevent future killings. some are asking whether that is an indication on whether he will push for stronger gun control laws. question for you is and should u.s. gun laws change? here are the numbers to call -- you can also find us online. send us a tweet or join the conversation on facebook, or send us an e-mail. our question for you is whether u.s. gun laws should change? here's the headline in "usa today" -- jumping down into the story, it says -- others are exploring the question of gun laws. we will hear some comments from members of congress this morning. congressional democrats are vowing to push for stricter gun control laws. several democratic lawmakers called yesterday for a new push for gun restrictions, including a ban on military-style assault weapons i
their lives in the sandy hook elementary school shootings in newtown, connecticut. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. can i still ship a gift in time for christmas? yeah,
>> just about 42 after the hour. i'm arthel neville. this is update on breaking news story out of newtown, connecticut, where 26 people including 20 children are dead in one of the worst mass murders in our nation's history. president obama deliver ad statement last hour saying the u.s. has been through shootings like this too many times and meaningful action will have to be taken regardless of politics. the president also ordered the u.s. flag be flown at half-staff at all public buildings and grounds including the white house in honor of the victims. sources have identified the gunman as 20-year-old adam lanza. after initial information mistakenly pointed to his older brother. he is originally from newtown, but was living in hoboken, new jersey. apparently lanza took his own life. we'll keep you updated as more information becomes available. our hearts and prayers go to the victims and their families liz: looking for alternative places to invest if you're too worried about stocks? maybe you should consider investing in a pop icon. the rights to all the episodes of what's on your screen,
of the shooting rampage in newtown, connecticut. a state department inquiry into the september 11 terror attack in benghazi, libya, criticized the agency harshly for inadequate security that -- but specificrecommend signi individuals. and we begin today in on the details of john boehner's plan to avoid the fiscal cliff. we want to hear from you. how optimistic are you that a compromise can still be reached before the end of the year? give us a call -- and you can get up with us on all your social media web sites on facebook and twitter, or e- mail us. a very good morning to you. i want to take you to the lead story in today's washington post. that was today's washington post. here's the headlines from "politico" today. i want to take you to speaker john boehner's comments on the state of the current negotiations and his plan b. [video clip] >> what the white house offered yesterday was $1.30 trillion in new revenues for only $850 billion in net spending reductions. that is not balanced in my opinion. at the same time we will continue to talk to the president, we will also move to plan b. we all
up. >>> a touching story of a fifth grader and how he decided to honor the victims in newtown, connecticut. >> when i heard about sandy hook i felt really bad for all the kids who had died. >> i wasn't surprised he had wanted to do something. i was surprised he wanted to follow through with it and it made me really proud. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. patti ann: a remarkable story of one man's efforts still going on to return a wedding ripping to its rightful owner. douglas bendenetti, a snow chain installer in california. he was working on interstate 80 seeing a man frantically running up and down the road. he said he was looking for a his wedding ring which he lost while putting chains on the car. he gave up but he stranger kept looking for his ring. >> he wasn't wearing clothing for wither. looking for light on cell phone. it got cold and slipped off and went back loo
. of one to take a moment of silence for any town -- newtown. will you join me please? thank you. this is an exciting day for many reasons. i went to state thank you to my lord and savior jesus christ, to be honest with you. when you start out in a single- parent household with a mom who work 16 hours a day and you're looking at a future that is not look bright and you are living in south carolina, you build a strength that comes from having the understanding that it is not about you. it is about your faith. it is about your family. i love my mother who is here with me. and painful for the good lord who believe sometimes the lord has to come at the end of a switch. she loves me a lot. -- love has to come at the end of a switch. she loves me and a lot. taught civics, spanish, and english. -- i failed a civics, spanish, and english. my mother did not quit on me. i had the good fortune of meeting a mentor who taught me some very basic biblical business principles. our nation finds itself in a situation where we need to make very difficult decisions. so often we have the conversation
. >> thank you. >>> ahead on "starting point." two weeks from the horrific shootings in newtown, connecticut. now some teachers getting on board with the idea of getting armed. dozens of people trained to shoot. the man who taught it and one of the teacher who's took it coming up. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ thank you. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ ♪ i need you by my side >> 24 minutes after the hour. soul singer fontella bass has died best known for "rescue me." the song sure had legs it was rerecorded by cher, pat beena tar. and more. she died wednesday night of complications of a heart attack she suffered three weeks ago. 7 yea2 years old. >>> deteriorating security in the central african republic has forced the u.s. state department to temporarily su
's one of these tragedies, in newtown, connecticut, there's a run on firearms. >> yes. across the country. we have places reporting the highest single day sales on record. >> and they are also reporting highest first purchase sales on record. so people are, people are understanding the fact that, to an extent, lapierre is right. once we have missed on our first, second and third redundant areas of security, and it comes to guns, the only thing that can stop a guy with a gun, a bad guy with a gun, is a good guy with a gun. >> is it not totally a dystopian vision? if where we are headed, if the solution is, look, just arm everyone -- >> that's not the solution. >> but if the solution is the only thing to stop a bad guy with a gun is a good guy with a gun and we say we are going to miss the redundancies, then the idea of putting more and more weapons in people's hands, particularly if you're not, there's no training, right? there's no licensing. >> no, there's training. >> no, but there's no requirement for it. >> i'm just saying if a concealed carry permit there is. >> not everywhere there'
the bushmaster rifle used by the shooter. all dpuns have been removed from stores near newtown. a lot of debate about the degree to which private equity has inserted itself into the debate. some investors may be rethinking their position on investing in companies like freedom, and certainly you read the statement from service -- >> it's straightforward. very interesting story. if you get a change in heart on the part of the pension funds that make up so much of the funds for private equity, not to mention, by the way, hedge funds and other investors out there, you could see some ramifications. this certainly may be one of them right here. the company saying as a result of the sandy hook tragedy, which they call a watershed event, that has raised the national debate on gun control at an unprecedented level, they have determined to engage in a process to a southern investment to freedom group. largest manufacturer of guns in the country. 15% of sales roughly to walmart, and about 3,000 employees, $237 million in sales as of the third quarter that ended september. just to put it in perspective for
in history. a gunman walked into the sandy hook elementary school in newtown, connecticut and opened fire. >> he came late in my life but jesse was my best friend and my buddy, too. my little boy said something the night before to me and he said, dad, this is going to be the best christmas ever. and he was going on about it and i said, jesse, you know, it's -- you know, we'll make it the best we can and i don't have much family so it's kind of a quiet time for me and he made christmas happy for me and joyful and he made it what it was and i said to him, jess, we'll make it the best we can. and the next day this tragedy happened that occurred and i thought to myself, boy, was he wrong about that. >> the ar-15, as we've now seen from the last three mass shootings in america, aurora, oregon and now the sandy hook school is the preferred choice of weapon for disturbed young men who want to commit atrocities. the president of the united states has indicated he wants to ban assault weapons like this. what is your view? >> i think we need to ban gun laws that ban people from protecting themselve
sales. as you might realize, it's spurred on by the school massacre in newtown, connecticut, killed 20 children and 6 adults. murdered his mother and killed himself. speaking yesterday on "meet the press," the president says something has to fundamentally change in this country. that newtown shootings cannot feel like what he called a routine episode. >> that was the worst day of my presidency, and it's not something that i want to see repeated. >> vice president joe biden is leading a task force that will submit legislative proposals to the president in january. >>> also, happy new year, new zealand. auckland. and the start of 2013 with the fireworks display from sky tower, tallest free standing structure in the southern hemisphere. >> and as auckland rings in the new year, preparation under way in times square. heart of new york city, coming up next. >> and more from washington for you. >> my message to all of washington for the new year is to set partisanship aside, working on behalf of 100% of the voters, fix this mess you have gotten us into, bring a balanced budget and-to-grow th
will, for a conference post the shooting in newtown? >> i think they were respectful that they waited. a response was demanded and he articulated the position. he might not have arctticulatedt like i would have. i emphasized the independence of my study group and the emphasis of school safety and i'm grateful for the nra offering a positive solution in terms of school safety and focusing on the debate on that, which i think is the right debate that we have. they'll debate and my former institution of congress the issue of further restrictions. i want to focus on the safety side of the children and i think that's the right debate to have that will provide long term solutions. >> asa hutchinson, always good to see you. thanks for giving us a little bit of time in "the situation room." >>> is "meet the press's" david gregory in hot water with d.c. police over an interview he does with the nra? we're taking a look at the legal ramifications. as we go to break, a live picture of honolulu. president obama leaving this beautiful day behind as he heads back to washington in the next few hours
-style weaponry can so easily end up in the wrong hands, like they did in the newtown massacre. >> there's way too many weapons out there on the streets. the type of weapons that were brought in the other day, it's just redid cue louse. >> so you think it's gotten out of hand? >> i think that the system of issuing them has gotten out of hand and i think we have, again, have to look at the entire safety system involved with giving handguns out. >> gun shows and easy background checks cohen says, that adds up to an overly armed america. the people who turned in guns, most of them legal, came from all walks of life. >> i have grandchildren and no matter how secure you think your gun is, when you've seen what has happened, so i decided to turn it in. >> many of the weapons that were handed over to police in the gun buyback were antique. some of them were not functional. but police say it's just a window into a look of how many guns are in los angeles in the city. candy, they are estimating millions of guns exist in los angeles. >> i don't know if you know the answer to this question, but i'm pretty su
. >> so he wears this ammunition belt a few short days after what happened at newtown elementary school and i mean, the thought process that must go through your head and go on campus and not alert security about it, but wearing a full ammunition belt, his mom shall it was for fun, they were fake, it wasn't for real. >> dave: ha, ha, real funny. >> clayton: how does anyone know that. >> juliet: the friends say the belt is a fashion statement. he constantly wears it, it's a punk thing. >> dave: that's cool. >> juliet: a stylish thing. and we had a counselor on and a psychotherapist. >> you could get away with that 20, 30 years ago, but particularly the sensitive nation of everything going on in our nation after the connecticut shooting three days after that, you've got to have a better common sense, a belt bullets, no justification, i look at this as a parental thing. as a society we've somehow kept 18 to 24-year-old men and women, like a perennial type warp of adolescence and time for us as parents to start holding our kids accountable at a young age into adolescence and young adult hoo
that. host: a poll was done on top stories. presidential election, followed by what happened in newtown, then the attack in libya down the list. guest: it is in the top 10 but it has never become the focus. ironically, for those who think it is a scandal -- i remember some people said the watergate of our time. mitt romney had every opportunity and the debates to make hay with this issue and did not do it. host: mike, good morning. caller: good morning. mr. williams, merry christmas. after obama campaign in to one 2008 to reduce the deficit and then double it, do you think the american electorate was cognizant of the fact that obama doubled in it instead of cutting it in half? why don't the american people care about the debt of the united states of america? guest: i do think they care about it. the economy is the number-one issue. guess what? then it comes down to things like jobs. then you come to the debt. it is not that americans are out of touch with the idea that the government is spending more money than we are taking in. there is lots of concern about whether or not the chinese
association calls the newtown, connecticut, school murders, a quote, a horrible tragedy and the n are a dport as voluntary program that would allow schools to bring in retired police, military or secret service agents to provide armed security. he says that will quote, immediately make our children safe. >> every mom and dad will make them feel better when. they drop their kid off at school in january if we have a police officer in that school, a good guy, that if some horrible monster tries to do something they will be there to protect them. >> reporter: laperriere says the nra hired former republican congressman asa hutchinson to develop a more in depth security plan for schools. hutchison, a also former deputy director of the department of homeland security, compares this debate to the debate over armed federal air marshals. >> it increased safety of airlines. it is not like it is an armed camp when you go on airlines. it is very discrete use of armed guards that has a presence there to protect america. our children less important to protect than our air transportation? i don't think so. >
" sunday night at 8:00. >> president obama talks about friday's shooting at an elementary school in newtown, connecticut. >> on friday, we learn more than two dozen people were killed when a gunman opened fire at an elementary school. most who died were elementary children with their lives ahead of them. among the fallen were also teachers, men and women who devoted their lives helping children fulfill their dreams. our hearts are broken today. we grieve for the families of those we lost. we keep in our prayers those who survived. they know their child's innocence has been torn away far too early. as a nation, we have endured far too many of these tragedies the past few years. an elementary school in newtown, a shopping mall again from oregon, a movie theater of in colorado, countless streetcorners and places like chicago and philadelphia. any of these neighborhoods could be our own. we have to come together and take meaningful action to prevent more tragedies like this from happening. regardless of politics. this weekend, michele and i are doing what i know every parent is doing, holding o
. and somewhere we seem to go on astray. we go astray now from what we learn in newtown, connecticut. we go astray when we see how some of us treat each other in this chamber. the old adage is not just to go along to get along. you get along a lot better if you get along. or to put it in the old country boy wisdom, you can attract a lot more flies with honey than you can with vinegar. that's the life that our colleague led. some people call it a throwback to the gentlemanly days of the united states senate, a throwback when courtliness and deference -- i hope it's not a throwback. i hope we're not throwing back anything. i hope we will remember the life of danny inouye. he -- he -- he felt this so strongly that when he was a chairman of committee, he didn't refer to the ranking republican as the ranking member. he called them the vice chairm chairman. now, of course, that was uniquely senator inouye but it also was practical. because he could get more done if he's sitting there as chairman and his vice chairman is sitting right next to him. and so we have a lot to learn in these emotional times of
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